CoinMarketCap Opens New Investment Avenues with CMC20 Token

PANews reported on December 10th that, according to CoinDesk, boutique wealth management firm Nicholas Financial Corporation has filed an application with the U.S. Securities and Exchange Commission (SEC) to launch a Bitcoin ETF that holds Bitcoin assets only at night, completely avoiding U.S. trading hours. This fund, named the Nicholas Bitcoin and Treasuries AfterDark ETF (ticker symbol NGTH), will buy Bitcoin at 4 PM Eastern Time (when the U.S. market closes) and sell it at 9:30 AM Eastern Time the following day (before the market reopens). During the daytime, the fund will invest in short-term U.S. Treasury bonds to preserve value and generate returns. The company has also filed for a second product, the Nicholas Bitcoin Tail ETF (ticker symbol BHGD). If approved, this ETF will add novelty to the growing ecosystem of Bitcoin investment products by using the time of day as a key factor in its strategy.

The post Standard Chartered Revises Multiyear Bitcoin Forecasts as $500K Horizon Extended appeared on BitcoinEthereumNews.com. Standard Chartered reframed bitcoin’s trajectory as ETF demand eclipses halving dynamics, keeping a long-range path toward high valuations intact even after trimming forecasts, underscoring confidence that institutional flows can still propel the asset’s multiyear climb. Standard Chartered Reframes Bitcoin’s Market Cycle Standard Chartered has revised its bitcoin outlook, reflecting newly adjusted expectations for the halving […] Source: https://news.bitcoin.com/standard-chartered-revises-multiyear-bitcoin-forecasts-as-500k-horizon-extended/

Polygon price continued its freefall, reaching its lowest level since April 21, as the broader crypto sell-off gained momentum. Polygon (POL) dropped to $0.1915, down 32% from its highest point in May and 74% below its 2024 peak. The crash…